Thank you.
Welcome, Mr. Carney. It is a pleasure to have you with us again.
My first question relates to the issue of a bank transaction tax. I am aware that you share the view of the Finance Minister, in other words that you are not in favour of such a measure. The chief executive officer of the International Monetary Fund has recommended to the G20 countries that they apply such a measure. However, it must also be said that it could be advantageous to combine it with stricter regulation of the finance sector.
I would like to know the reasons why you are opposed to this tax. Do you consider that the regulatory system that applies here is already sufficiently strict and that this regulation should be reserved to those countries wishing to improve the situation?